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Concession

Too much football will give you a concussion. In fact, the concussion might be so bad that you spell the word concussion as “concession.”

And it brings you here. To a different word and definition.

When you think of a concession, think of giving up. Or giving in…something of value. In finance, a concession is a special allowance or rate given by an organization to another party. In an Initial Public Offering, a concession is the selling group's compensation in a stock or bond underwriting agreement.

Concessions are also the snacks at a movie theater… think high margin popcorn.

Find other enlightening terms in Shmoop Finance Genius Bar(f)